Building a Sustainable Life Cycle Cost Efficiency Model

Mayang Kusumawardhani, M. Arnhus, T. Markeset
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Abstract

Life cycle cost (LCC) evaluation has been a powerful decision-making support tool for assessing different alternatives throughout an asset's life cycle. After having been ushered in by the global awakening of a sustainability conscience, there is a need to upgrade the LCC calculation to include these sustainability factors. This train of thought has also been acknowledged by the oil and gas industry, through the recent update of the ISO 15663:2021 (International Organization for Standardization), which addressed sustainability, in conjunction with other ISO standards, guides and the IOGP (International Association of Oil & Gas Producers) report. Following this trend, the paper aims to present a sustainable LCC efficiency model for oil and gas facilities, particularly in the selection of the optimum equipment or package. To achieve this, the paper drilled down possible cost factors related to these concerns and offers a model that is required to remain relevant in the current conditions. The LCC model presented was developed through a systematic research method, including trials, feedback loops and validation processes. Potential production risks were also factored in, so that the LCC would deliver the best possible value to the business. Finally, a step-by-step process in developing the LCC structure will be illustrated and explained in the paper.
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构建可持续生命周期成本效率模型
生命周期成本(LCC)评估是一种强大的决策支持工具,用于评估资产整个生命周期中的不同选择。在全球可持续发展意识觉醒之后,有必要升级成本成本计算,将这些可持续性因素包括在内。这一思路也得到了石油和天然气行业的认可,通过最近更新的ISO 15663:2021(国际标准化组织),该标准与其他ISO标准、指南和IOGP(国际石油和天然气生产商协会)报告一起解决了可持续性问题。遵循这一趋势,本文旨在为油气设施提供可持续的LCC效率模型,特别是在选择最佳设备或包装方面。为了实现这一目标,本文深入研究了与这些问题相关的可能成本因素,并提供了一个在当前条件下保持相关性所需的模型。提出的LCC模型是通过系统的研究方法开发的,包括试验、反馈循环和验证过程。潜在的生产风险也被考虑在内,因此LCC将为业务提供最佳价值。最后,在开发LCC结构的一步一步的过程将在论文中说明和解释。
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